Wolfforth at a glance
- Population: roughly 7,258 people; 301st of 1,224 places in Texas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 5,559 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 30.6% more residents than the 2020 Census base (US Census Bureau).
- Rank among Texas places: 301st out of 1,224 Census places (US Census Bureau).
- Size percentile: larger than about 75% of the Census places in Texas (US Census Bureau).
- Coordinates: 33.5090 / -102.0051, per the US Census Bureau Gazetteer.
- Nearest larger cities: Lubbock, TX (8 mi); Levelland, TX (21 mi); Brownfield, TX (28 mi); Plainview, TX (50 mi); Lamesa, TX (54 mi); each population is a US Census Bureau estimate.
- Nearest smaller communities: Smyer, TX (11 mi); Ropesville, TX (11 mi); Shallowater, TX (13 mi), each a US Census place.
What a personal loan costs in Wolfforth
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Texas lending rules that apply in Wolfforth
The table carries the Texas rate and licensing rules that apply to consumer loans made in Wolfforth.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Legal via licensed credit access businesses (payday/title-loan brokers); the third-party lender itself is not licensed (Tex. Fin. Code ch. 393) Source says: the credit access business that serves as the broker is the licensee in this regulated industry | Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
| Small-loan / installment lender licensing | License required for non-depository lenders charging more than 10% interest; Chapter 342 governs consumer loans (Tex. Fin. Code § 342.051) Source says: Non-depository lenders who engage in making, transacting, or collecting loans with a rate of interest greater than 10% must be licensed by the OCCC. | Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
| State lending regulator | Texas Office of Consumer Credit Commissioner (OCCC) Source says: The OCCC licenses and regulates non-depository lenders in the state of Texas. | Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 10% per year maximum; a greater rate is usurious unless otherwise provided by law (Tex. Fin. Code § 302.001) Source says: The maximum rate or amount of interest is 10 percent a year except as otherwise provided by law. | Texas Legislature (Texas Constitution and Statutes) as of 2026-09-16 |
How to compare offers in Wolfforth
A few practical steps will make the process in Wolfforth less costly:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Texas using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.